ZKSpace (ZKS) is a layer-2 protocol on Ethereum and Energi, which includes DEX, payment, and NFT function, and transfers all tokens (including protocols ERC20 and ERC721) onto Layer-2 using ZK-Rollups technology.
It has the following features:
- Low Gas Fee: Instead of generating Gas Fee from transactions on traditional Dex (Gas Fee will continue to increase as the Ethereum price increases), ZKSwap transactions on Layer-2 require low Gas Fee, which greatly reduces transaction cost for users.
- High TPS(Transaction Per Second): Hindered by TPS limitations on Ethereum, traditional Dex such as Uniswap has an obvious bottleneck in transaction numbers and capacity per second. Through optimizing GPU, ZKSwap can conduct hundreds and thousands of TPS with the trustless method. While having enough machines to support expansion, ZKSwap's TPS can theoretically reach 6000.
- Real-time transaction: All transactions on ZKSwap are transferred to Layer-2 and are valid for real-time transactions, users DO NOT need to wait for the confirmation time of a block.